Browsing: luxury brand News
Mulberry reports significant financial losses in the first half of the year.Losses have increased from £12.8m last year to £15.7m this year.CEO Andrea Baldo identifies the…
Mulberry has firmly declined the revised takeover proposal from Frasers Group, terming it as an “unwanted distraction” amid their strategic recovery efforts. The luxury brand, renowned…
Challice, Mulberry’s majority shareholder, firmly rejects Fraser Group’s acquisition attempts, maintaining control over the renowned luxury brand.Challice owns a significant 56.4% of Mulberry, empowering it to…
Frasers Group’s revised offer for Mulberry has been declined by the majority owner, Challice, highlighting ongoing tensions in the company’s future direction.The increased bid of £111m…
Ong Beng Seng, a leading shareholder in Mulberry, faces charges related to a gifting scandal involving a former Singaporean minister.The charges against Ong include abetment and…
Fashion designer Hedi Slimane has officially left his role as creative director at Celine, as confirmed by LVMH. His departure marks the end of a significant…
Mulberry, the esteemed British luxury brand, has declined a significant £83 million takeover proposition from Frasers Group. The decision was heavily influenced by the majority stakeholder,…
British luxury brand Mulberry has embarked on a strategic initiative to raise £10 million following a year marked by significant financial losses. The brand is set…
British luxury brand Mulberry has earned its place among the elite by achieving B Corp certification. This accolade positions them alongside other prominent fashion entities committed…
Burberry’s market valuation has reached an alarming low, unseen for 15 years. Market analysts express concerns about its dwindling luxury brand status.On Monday, Burberry’s shares plunged…
Amadeus House 27b Floral Street London WC2E 9DP United Kingdom
editor@financial-news.co.uk.
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